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Facebook Simplifies Application Process for ThreatExchange Platform

Facebook announced on Thursday that it has simplified the application process for security teams that want to join the Threat Exchange threat intelligence sharing platform.

Organizations that want to join ThreatExchange can now submit an application on the Facebook developer website and read the terms and conditions in advance.

“This process makes it easier for security teams to access the necessary documentation for coordinating with their legal advisors,” Facebook said.

ThreatExchange was launched in February by Facebook in collaboration with several major Internet companies, including Yahoo, Pinterest, Tumblr, Twitter, Dropbox and Bitly.

Now, 180 days after it was launched, the platform is used by more than 90 companies from industries such as security, technology, financial services, insurance, higher education, ISP, and defense.

According to Facebook, the platform sees an average of more than 3 million interactions each month, the most popular search queries targeting malware families and threat indicators. More than 11,000 organizations have applied so far.

Built on existing Facebook infrastructure, ThreatExchange is designed to provide a mechanism that organizations can use to share threat information with others. Users can choose what type of information they want to see, depending on the threats they face, and they can set controls for how they communicate with other members of the community.

“In June, we added threat descriptors with attribution details about who provided specific information to help people determine how to act upon the information being shared. Participants requested this feature in order to better extract value from the data by prioritizing relevance and quality over quantity,” Facebook said on Thursday.

The social media giant says it will continue to improve the platform. The company wants to bring in even more participants, and make it possible to integrate other products, including threat analysis tools, SIEM solutions, and detection systems. Facebook says it also wants to integrate ThreatExchange with existing workflows.

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